The corp began enacting a 5% cutback of personnell yesterday. Of course it is "hush hush" news.
This is the word that TODAY will began the big firing of very large amount of personnel. Wonder what is the real reason.
There were no terminations.
How could it be "hush-hush" if it was reported in the newspaper and on the local news? Quit trying to stir up rumors of something big. Most of the layoffs were middle management and a few upper management people.